Term and Universal Life
Our products were built specifically and exclusively for the Alliance Group. They are not available for other agents to sell. We have term and permanent life products with LIVING benefits. Our comprehensive products include:
Living benefits at NO additional cost
- Terminal illness: Access up to 100% of the policy’s death benefit if life expectancy is 12 months or less (24 months in some states).
- Chronic Illness: Access up to 2% a month of the death benefit after a 90 day waiting period. Chronic illness is being unable to perform two of the six activities of daily living (bathing, continence, dressing, eating, toileting and transferring) without assistance from another person or being severely cognitively impaired for at least 90 consecutive days.
- Critical Illness: Access up to 90% of the death benefit after a 30 day waiting period. Critical illness includes heart attack, stroke, ALS (Lou Gehrig’s disease), diagnosis of cancer, kidney failure and major organ transplant.
And, the money received for these living benefits can be used for anything – including paying off the mortgage, home health care or any other medical or non-medical expenses.
Unemployment benefit at NO additional cost
Premiums are waived for 3 months if the insured is between 18-60 and becomes involuntarily unemployed for 90 consecutive days.
Death benefit
The products we sell have both living benefits and a death benefit. The term products have guaranteed premiums and level death benefits (not decreasing term).
Disability benefit options (with own occupation definition)
- 2 year benefit: Provides benefits for up to two years while totally disabled and cannot perform the duties of your own occupation. There is a 90 day waiting period, but benefits are retroactive if disabled for at least 90 consecutive days.
- 5 year benefit: Provides benefits for up to five years while totally disabled and cannot perform the duties of your own occupation for the first two years. For the remaining three years, it provides benefits if you cannot perform the duties of any occupation you are suited for by education, training or experience. There is a 180 day waiting period before benefits are provided.
Fully Guaranteed 10 – 40 Year Term Products with Living Benefits at no additional cost.
We offer 10 Year, 20 Year, 30 Year and even 40 Year Term Products with Living Benefits at no additional cost!
Indexed Universal Life
IUL is a form of permanent life insurance which provides the policyholder the choice of having the interest earned on their cash value linked to the performance of the Standard & Poor’s (S&P) 500® Index. This option provides your clients the potential for higher interest than with a traditional universal life contract. The policy provides growth opportunities and offers protection against loss of values through guaranteed minimum interest crediting rates. This is a reason why so many clients are attracted to this type of policy design.
Because this is a universal life policy, it has the flexibility to change both premium payments and death benefits to meet a variety of client needs. With the tremendous flexibility this policy provides, you can customize the policy to emphasize the features and benefits most important to your clients.
Annuities
We sell a flexible premium deferred annuity. It is not a mutual fund, variable annuity, or any instrument that participates directly in stock or equity investments. Unlike mutual funds and stock or equity investments, the product is a fixed annuity with certain important insurance features, such as the tax deferral, Death Benefit, and annuitization features. It also differs from variable annuities in that it offers protection from market loss, a feature not always found in variable annuities. All interest credited to the annuity will grow faster than taxable programs with the same credited rates, because you pay no taxes on interest credited until you decide to make a withdrawal, annuitize, pledge or use your annuity in a taxable transaction. No administrative fees are ever deducted.
Individual Retirement Account (IRA) & Roth IRA
We have tools to help with retirement planning as well, including IRA and Roth IRA’s.
